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Business losses from workplace fraud are important business risks that can have significant impact. In addition to the financial loss, there’s also the potential damage to reputation and to relationships with customers, banks and employees.

In circumstances where budget constraints create barriers to examining or implementing controls for every aspect of an organization that is susceptible to fraud, the fraud risk assessment is a valuable tool.

There are a number of reasons why a company may choose to conduct a fraud risk assessment. Here are a few reasons why your company or not-for-profit organization would hire an experienced forensic accountant to conduct a fraud risk assessment.

Last year, there were more than 13 million victims of identity theft reported. While it may sound overwhelming, there are proactive steps you can take to secure your data and your identity. Here are just a few.

'Tone at the Top' is a term heard in connection with fraud prevention. It is one of the requirements of an effective internal control environment followed by auditors and outlined in the COSO framework. So what does it really mean and why is it so important?

While intellectual property requires special assessment in order to properly establish its value for equitable distribution purposes, a dearth of case law makes it difficult for practitioners to know what methods to employ when dividing assets.

Recently, the IRS released its proposed rules (REG-163113-02) on estate, gift and generation-skipping transfer taxes and restrictions on liquidation of interest.

The Consumer Financial Protection Bureau proposed wide-sweeping rules deterring mandatory, individual arbitration in favor of class actions across a variety of consumer finance transactions. Here's how to be proactive in consumer litigation class action readiness.

High-profile cases of ethical failures cross the boundaries of all sectors of our economy, cause devastating financial results and erode public trust. Here's a summary of the Association of Certified Fraud Examiners Report to the Nation on Occupational Fraud and Abuse.

While there are many reasons couples divorce, the process of getting a divorce can be confusing, complex and often highly emotional, and having the right team of professionals to guide you through the process can help ease the emotional pain, promote efficiency and timeliness, and make the process less confusing. The focus of this article is on forensic accountants and the services they provide.

Advice on asset valuation for equitable distribution during a divorce. A closely held business is one of the major assets of the marital estate. A business valuation expert can determine the value of the business for equitable distribution. Learn more about valuations in divorce settlements.

Vacature of an arbitration award by a court is rare and usually only happens if the party seeking vacature can prove a bias on the part of the arbitrator or a blatant disregard of the law.Recently, in a matrimonial arbitration, the husband, as the defendant, sought to vacate the arbitration award.

According to the most recently released survey by the Association of Certified Fraud Examiners, organizations worldwide lose an estimated 5% or a staggering $3.7 trillion dollars of their annual revenues to fraud. The Report also found the following.

What you need to know before a business valuation. There are many business valuation methods and the most accurate appraisals typically employ more than one method. Valuation reports should be written to well-recognized business valuation standards such as USPAP and SSVS.

The main thrust of U.S. and international regulatory authorities is focused in the areas of anti-corruption and anti-bribery – this article takes a look at new legislation as well as compliance and regulatory efforts.

Having a robust and functioning Bank Secrecy Act and Anti-Money Laundering program is a necessity in order to avoid fines and sanctions. This article covers areas to review now that will likely be important during your next Bank Secrecy Act / Anti-Money Laundering examination.

CPA participation in the arbitration process. Most arbitrators are either lawyers or retired judges, but there is a growing opportunity for a CPA to serve as an arbitrator. A CPA can also assist attorneys in the drafting of an arbitration clause.

The core features of a compliance program. Compliance is a cultural mind set. Assess your fraud risk. Identify the ongoing processes, controls and other monitoring procedures needed to mitigate risks. Train employees to recognize red flags.

Prenuptial agreements can be used to mitigate issues should the marriage fall short of a lifetime. A prenuptial agreement sets forth how financial issues will be treated during the marriage, in the event of a divorce, and even in the event of death.

The role of a creditors’ committee in a Chapter 11 case. Results creditors’ committees expect and using forensic accountants. Are creditors’ committees afforded any influence in bankruptcy negotiations? more information on a Creditors’ Committee in Chapter 11 cases.